Can anyone enlighten me?

Discussion in 'Toddler & Pre-School' started by xolily, Jan 31, 2011.

  1. xolily

    xolily Well-Known Member

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    I'm just wondering why tax credits go down once LO turns 1? I've read about and from what I can gather it reduces by £10 a week, £520 a year?

    In my experience, the older LO gets.. the more I spend! Formula is quite expensive, but i'm spending just as much, if not more, on cows milk. I'm washing more, i'm buying more clothes due to stains, I have to buy shoes now she's walking, i'm spending more on snacks/food aswell as toys etc..

    Don't get me wrong, it's great that we get anything, I just wondered why it goes down...?
     
  2. Blah11

    Blah11 ☼ Mummy to Amelie ☼

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    babies are more expensive apparently but I agree with you, toddlers and kids are way more expensive.
     
  3. XcupcakeX

    XcupcakeX Well-Known Member

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    I know what you mean, Im not being ungrateful, but it definately doesnt make sense it going down, I actually miss the extra bit of money now x
     
  4. Mum2b_Claire

    Mum2b_Claire Mummy to Ruby & Scarlett!

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    I know what you mean, but I do find I spend loads less on cows milk than I did on formula, and Ruby's clothes are now lasting a looooot longer size wise. But I'm with you on the shoes and snacks, ouch!
     
  5. rosie272

    rosie272 mum to charlie finn

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    Mines went down more than that!
    I'm finding things a bit more expensive now he's a toddler as well! Shoes are the main one, but also activities, classes, days out etc!
    Bit crap really :( but I suppose thats what the government decides we 'need' to live on..
     
  6. Laura2919

    Laura2919 Team Twilight!!

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    Definitely toddlers are more expensive.. I didnt really notice mine go down to be honest.
     
  7. xolily

    xolily Well-Known Member

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    clothes do last longer size wise Claire but i find there's alot more wear and tear.. the amount of socks/tights i've gone through is ridiculous!

    i think we're are right, toddlers are defo more expensive.. silly government ha x
     
  8. special_kala

    special_kala love my bugs

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    I think its because thats when maternity leave ends so for alot of people they go back to work and earn more then SMP.
     
  9. Laura2919

    Laura2919 Team Twilight!!

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    I never brought formula for the twins because theirs was given on prescription due to being premature so I obviously spend more because I have to buy cows milk now. My girls go through a 4 pints a day. Its pretty much all they will drink

    As for clothes I go through more now than I did when they were babies.. Nursery ruin half the amount with their food and letting them paint without an apron :dohh:

    Definitely for me its more expensive.

    Socks... Oh goodness I buy socks nearly every time I go shopping. They got lots of pairs for Christmas from the family and for their birthday
     
  10. lollylou1

    lollylou1 Mummy to Belle and preg

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    i think its like special kala said its an extra to help whilst maternity leave is available but stops when maternity ends!

    Lou
    xxx
     
  11. Laura2919

    Laura2919 Team Twilight!!

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    Why dont they just give it to you through the SMP then lol. Would save the hassle of having to change it all again. lol.
     
  12. special_kala

    special_kala love my bugs

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    i guess because not everyone gets smp
     
  13. Laura2919

    Laura2919 Team Twilight!!

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    Then I doubt its for SMP as it still changes for those on income support. Just probably is because they think a toddler needs less.
     
  14. Midnight_Fairy

    Midnight_Fairy New baby J

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    They cost more every year they get older lol
     
  15. xolily

    xolily Well-Known Member

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    but what you earn reflects on how much you get anyway? x
     
  16. Laura2919

    Laura2919 Team Twilight!!

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    SMP is a set amount it is your employer who decides how long you get SMP for.
     
  17. Mum2b_Claire

    Mum2b_Claire Mummy to Ruby & Scarlett!

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    If you're entitled to SMP, it's for 9 months (although you have to paid 90% of your normal wage for the first 6 weeks of that)

    Your employer can decide to give you more than that but they are not allowed to give it to you for less than that.
     
  18. Mum2b_Claire

    Mum2b_Claire Mummy to Ruby & Scarlett!

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    The last 3 months of mat leave (AML) are unpaid.
     
  19. Laura2919

    Laura2919 Team Twilight!!

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    I was paid 90% of my wages for the first 6 weeks and then it dropped to £117.85 or whatever (this was like 20 months ago) and I went back to work when they were 4 months old but I was told my maternity leave would only be paid until the 6th month and then I could take another 6 months but it would be unpaid.
     
  20. Mum2b_Claire

    Mum2b_Claire Mummy to Ruby & Scarlett!

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    That doesn't sound right. From the government's website:

    How much SMP do you get
    If you qualify for SMP, it is paid:
    for the first six weeks at 90 per cent of your average gross weekly earnings with no upper limit
    for the remaining 33 weeks at the lower of either the standard rate of £124.88, or 90 per cent of your average gross weekly earnings
    Please read ‘Statutory Maternity Pay – how it is worked out’ for more information.
    Statutory Maternity Pay - how it is worked out
     

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